Describe the scope of Corporate Governance Audit.

The scope of Corporate Governance Audit is wide and mainly focus on following: Financial and Non-Financial Stakeholders. Boards of Directors (Composition, Mix, Independence). Committees of the Boards and terms of References. Control Environment (Accounting, Controls, Internal and External Audit). Risk Management. Transparency and Disclosure of financial information and executive compensation. Strategic plans, programs and guidance on social responsibilities. In India, the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are the governing laws on corporate governance.